RF Industries, Inc. (NASDAQ:RFIL) announced a quarterly dividend on Friday, March 9th, Zacks reports. Shareholders of record on Saturday, March 31st will be given a dividend of 0.02 per share by the electronics maker on Sunday, April 15th. This represents a $0.08 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Wednesday, March 28th.

RF Industries (NASDAQ:RFIL) remained flat at $$4.50 during trading hours on Friday. 64,925 shares of the stock were exchanged, compared to its average volume of 123,194. The firm has a market capitalization of $39.94, a P/E ratio of 40.00 and a beta of 0.66. RF Industries has a twelve month low of $1.40 and a twelve month high of $5.50.

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RF Industries (NASDAQ:RFIL) last posted its quarterly earnings results on Tuesday, March 13th. The electronics maker reported $0.05 EPS for the quarter. The business had revenue of $10.34 million for the quarter. RF Industries had a return on equity of 4.49% and a net margin of 2.97%.

In other RF Industries news, Director William Reynolds sold 30,076 shares of the firm’s stock in a transaction dated Monday, March 19th. The stock was sold at an average price of $4.71, for a total transaction of $141,657.96. Following the sale, the director now directly owns 234,221 shares of the company’s stock, valued at $1,103,180.91. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Edward Joseph Benoit sold 40,000 shares of the firm’s stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of $4.67, for a total value of $186,800.00. Following the sale, the director now directly owns 234,221 shares in the company, valued at $1,093,812.07. The disclosure for this sale can be found here. Over the last three months, insiders have sold 86,471 shares of company stock worth $404,039. Insiders own 7.00% of the company’s stock.

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About RF Industries

RF Industries, Ltd. is engaged in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. It operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc (Cables Unlimited,) Comnet Telecom Supply, Inc (Comnet) and Rel-Tech Electronics, Inc (Rel-Tech).

Dividend History for RF Industries (NASDAQ:RFIL)

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